Given the Trend Toward Offshoring and Outsourcing, Value Chains Have

question 54

Multiple Choice

Given the trend toward offshoring and outsourcing, value chains have become:

• A)interesting.
• B)complex.
• C)easy to manage.
• D)risk-free.

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Definitions:

Centralised Communication

Pertains to a communication structure where all decisions and messages flow through a central point or individual, typically found in hierarchical organizations.

Co-ordination Loss

The inefficiencies that arise in group tasks due to the poor integration of efforts, resources, or actions among team members.

Highly Centralised

Pertaining to a system or organization where decision-making is kept at a single central point, often leading to a concentration of power.

Hub Person

An individual who acts as a central point of information and communication within a network.